Deutsche Bank stumbles on path to profit as revenue recedes
Deutsche Bank’s bleak third quarter results and revenue forecast overshadowed its assertion on Wednesday that it is on track to return to profit this year, knocking its shares.
A banker’s woe: Chinese wealth may get harder to snag for global bankers
News of a foreign wealth manager being denied exit from China last week is raising concerns for global private banks, as they seek to tap trillions of dollars of wealth offshore in the face of Beijing’s growing curbs on overseas investments and outflow…
Deutsche Bank to hold more liquidity in securities rather than cash: CFO
Deutsche Bank is planning to hold a larger portion of its 270 billion euros in liquidity buffers in securities rather than cash as it seeks to increase its profitability, its Chief Financial Officer said.
Deutsche Bank to hold more liquidity in securities rather than cash: CFO
Deutsche Bank is planning to hold a larger portion of its 270 billion euros in liquidity buffers in securities rather than cash as it seeks to increase its profitability, its Chief Financial Officer said.
Saudi crown prince to address investment forum amid Khashoggi furor
Saudi Arabia’s crown prince is expected to address an investment forum on Wednesday that has been overshadowed by the outcry over the killing of journalist Jamal Khashoggi, a day after Turkey urged Riyadh to search “top to bottom” for those responsible…
Saudi crown prince to address investment forum amid Khashoggi furor
Saudi Arabia’s crown prince is expected to address an investment forum on Wednesday that has been overshadowed by the outcry over the killing of journalist Jamal Khashoggi, a day after Turkey urged Riyadh to search “top to bottom” for those responsible…
Slump persists, China fails to stimulate markets hobbled by pledged shares
China is struggling to restore confidence in its stock markets, which are being weighed down by a massive amount of shares that have been pledged as collateral as credit-starved companies seek to raise funds.
Danske Bank whistleblower to testify before European parliament: lawyer
Howard Wilkinson, the whistleblower who helped to reveal suspected money laundering at Danske Bank , has accepted an invitation to testify before the European Parliament, his lawyer said.
Exclusive: UK to remain BlackRock’s EMEA HQ after Brexit – memo
BlackRock, the world’s largest asset manager, will keep its biggest European operation and regional headquarters in Britain after Brexit, moving “only very few” roles to expanded offices in the Netherlands and France, a memo to staff seen by Reuters sh…
Inside S&P 500, most stocks in correction or bear market
The S&P 500 may not yet be in correction territory, but the vast majority of the index’s components have already gotten there.
